Credit Alternatives in Rural Finance : Rinancial Leasing
Enterprises use credit to acquire productivity-enhancing assets. Rural enterprises in developing economies, however, often lack access to the credit they need. Key reasons for this lack of access include the low level and scattered nature of econo...
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okr-10986-96122021-04-23T14:02:46Z Credit Alternatives in Rural Finance : Rinancial Leasing Kloeppinger-Todd, Renate Nair, Ajai BRANCHES CENTRAL ASIAN COMMERCIAL LEASING COMPANY CORPORATION ENTREPRENEURS FINANCIAL INSTITUTIONS FIRMS INCOME INSURANCE LEASES LEASING LEASING COMPANIES LENDERS MEDIUM ENTERPRISES MICROFINANCE MICROFINANCE ORGANIZATIONS NONPROFIT ORGANIZATIONS POOR POOR INFRASTRUCTURE POVERTY ALLEVIATION PRIVATE COMPANIES RURAL RURAL AREAS RURAL ASSETS RURAL CREDIT RURAL DEVELOPMENT RURAL ENTERPRISES RURAL FINANCE RURAL TOWNS SUPPLIERS TAXATION TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRANSACTION COSTS Enterprises use credit to acquire productivity-enhancing assets. Rural enterprises in developing economies, however, often lack access to the credit they need. Key reasons for this lack of access include the low level and scattered nature of economic activity in rural areas, the enterprises' lack of collateral, inadequate capacity among the country's lenders to lend in rural areas, and legal and policy environments that discourage lending to rural enterprises. Traditionally, leasing has served as an alternative to credit for urban enterprises, but generally it has not been a feasible option for rural enterprises. This paper argues that rural leasing can be viable and highlights the key factors to facilitate successful rural leasing, including the advantages of leasing, an enabling environment, and institutional support. The paper concludes that leasing is a viable tool to finance rural assets. 2012-08-13T09:05:48Z 2012-08-13T09:05:48Z 2006-05 http://documents.worldbank.org/curated/en/2006/05/7009978/credit-alternatives-rural-finance-financial-leasing http://hdl.handle.net/10986/9612 English Agricultural and Rural Development Notes; No. 10 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
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English |
topic |
BRANCHES CENTRAL ASIAN COMMERCIAL LEASING COMPANY CORPORATION ENTREPRENEURS FINANCIAL INSTITUTIONS FIRMS INCOME INSURANCE LEASES LEASING LEASING COMPANIES LENDERS MEDIUM ENTERPRISES MICROFINANCE MICROFINANCE ORGANIZATIONS NONPROFIT ORGANIZATIONS POOR POOR INFRASTRUCTURE POVERTY ALLEVIATION PRIVATE COMPANIES RURAL RURAL AREAS RURAL ASSETS RURAL CREDIT RURAL DEVELOPMENT RURAL ENTERPRISES RURAL FINANCE RURAL TOWNS SUPPLIERS TAXATION TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRANSACTION COSTS |
spellingShingle |
BRANCHES CENTRAL ASIAN COMMERCIAL LEASING COMPANY CORPORATION ENTREPRENEURS FINANCIAL INSTITUTIONS FIRMS INCOME INSURANCE LEASES LEASING LEASING COMPANIES LENDERS MEDIUM ENTERPRISES MICROFINANCE MICROFINANCE ORGANIZATIONS NONPROFIT ORGANIZATIONS POOR POOR INFRASTRUCTURE POVERTY ALLEVIATION PRIVATE COMPANIES RURAL RURAL AREAS RURAL ASSETS RURAL CREDIT RURAL DEVELOPMENT RURAL ENTERPRISES RURAL FINANCE RURAL TOWNS SUPPLIERS TAXATION TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRANSACTION COSTS Kloeppinger-Todd, Renate Nair, Ajai Credit Alternatives in Rural Finance : Rinancial Leasing |
relation |
Agricultural and Rural Development Notes; No. 10 |
description |
Enterprises use credit to acquire
productivity-enhancing assets. Rural enterprises in
developing economies, however, often lack access to the
credit they need. Key reasons for this lack of access
include the low level and scattered nature of economic
activity in rural areas, the enterprises' lack of
collateral, inadequate capacity among the country's
lenders to lend in rural areas, and legal and policy
environments that discourage lending to rural enterprises.
Traditionally, leasing has served as an alternative to
credit for urban enterprises, but generally it has not been
a feasible option for rural enterprises. This paper argues
that rural leasing can be viable and highlights the key
factors to facilitate successful rural leasing, including
the advantages of leasing, an enabling environment, and
institutional support. The paper concludes that leasing is
a viable tool to finance rural assets. |
format |
Publications & Research :: Brief |
author |
Kloeppinger-Todd, Renate Nair, Ajai |
author_facet |
Kloeppinger-Todd, Renate Nair, Ajai |
author_sort |
Kloeppinger-Todd, Renate |
title |
Credit Alternatives in Rural Finance : Rinancial Leasing |
title_short |
Credit Alternatives in Rural Finance : Rinancial Leasing |
title_full |
Credit Alternatives in Rural Finance : Rinancial Leasing |
title_fullStr |
Credit Alternatives in Rural Finance : Rinancial Leasing |
title_full_unstemmed |
Credit Alternatives in Rural Finance : Rinancial Leasing |
title_sort |
credit alternatives in rural finance : rinancial leasing |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2006/05/7009978/credit-alternatives-rural-finance-financial-leasing http://hdl.handle.net/10986/9612 |
_version_ |
1764410015583567872 |